News & Analysis

Rithm Capital REIT closes largest-ever MSR securitization  

The New York manager has completed a $878m securitization backed by mortgage servicing rights.

3650 Capital lines up $215m of fresh commitments from CalSTRS, Mubadala

The Miami-based firm will allocate the capital across its strategies, which include stable and transitional lending platforms.

Hines JV secures $610m CMBS financing for Chicago’s Salesforce Tower 

A group of sponsors led by Hines secured the refinancing to replace a previous construction loan.

S3 originates $300m construction loan for Queens mega-development

The funding will be used by KS Group and Alma Realty for the first phase of Astoria Cove project featuring four mixed-use rental assets.

InterVest, Bank OZK originate $253m construction financing for Nashville tower

SomeraRoad and Trestle Studio will use the funding to develop a 30-story combined hotel and condominium asset.

Forever 21’s story is not necessarily a total tale of woe  

Fast fashion retailer Forever 21’s plans to shutter its US stores illustrates a reversal of fortune for a group of tenants once considered must-haves by most retail landlords.

Fidelis closes rare RTL securitization

The Cranford, New Jersey-based investment manager anticipates becoming a programmatic issuer of residential transition loan securitizations.

SDS Capital launches $1bn affordable housing debt platform

The Los Angeles-based manager will provide below-market permanent and construction loans.

S3 originates $210m construction financing for Brooklyn mixed-use project

The New York-based manager has steadily grown its East Coast lending book with development financing opportunities.